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CMS is reporting that it has been chosen by the Warsaw Stock Exchange as its legal advisor for a long-term bond issue designed to repurchase series A and B floating interest rate bonds scheduled to expire on January 2, 2017.

Schoenherr is reporting that it advised the shareholders of Austrian freight wagon holding company ERR Rail Rent Vermietungs GmbH (ERR) on the sale of 100% of their shares in ERR and 33.3% of their shareholding in the asset management company ERR European Rail Rent GmbH to Aves One AG ("Aves One"), a logistics equipment company. Gleiss Lutz advised the shareholders of ERR on the German law aspects of the transaction, and Huth Dietrich Hahn (in Germany) and Jakobljevich & Grave Rechtsanwalte (in Vienna) provided legal advice to Aves One.

Asters has advised VTB Bank Ukraine on the settlement of the loan debt of Incom.

CHSH has advised IC Development on its sale of the new DENK 3 office complex, situated in the Viertel Zwei district of Vienna, to ARE Austria Real Estate GmbH, a subsidiary of Bundesimmobiliengesellschaft GmbH. Dorda Brugger Jordis advised ARE on the deal. The purchase price was not disclosed.

Magnusson's Kyiv Office has advised the Oxygen Group on obtaining financing from unnamed private investment funds. 

Tark Grunte Sutkiene has advised advised the Avia Solutions Group, a Lithuanian capital-based aviation holding corporation listed on the Warsaw Stock Exchange, on its EUR 2.6 million acquisition of Estonian tour operator GoAdventure from GoBaltic.

Eterna Law has announced the establishment of a Lobbying & GR Practice, to be headed by new Partner Philip Griffin. Eterna Law describes the Lobbying & GR Practice as the first "which adheres to and complies with all American legal practices and standards" in Ukraine.

Arzinger has announced that, "responding to the emerging needs of the market," it has created a bankruptcy practice within the firm’s existing dispute resolution practice.

Lidings has announced the appointment of Partner Andrey Zelenin to firm Managing Partner, and Partner Sergey Kislov to Head of the Moscow office’s dispute resolution practice.

Baker Botts is announcing today that Partners Ivan Marisin and Vasily Kuznetsov have joined the firm’s Moscow office, moving over from Quinn Emanuel. 

Spenser & Kauffmann has announced that Petr Malecek has joined its team as Counsel, Head of Central European Desk.

Calling itself "a new player in the Turkish TMT legal market," a new boutique — Yazicioglu Attorneys at Law — has begun to serve clients in Istanbul.

The Serbian Commission for Protection of Competition (the “Commission”) announced that on August 29, 2016, it had initiated an investigation procedure against Inter Turs Plus (“ITP”), a transportation company from Arandjelovac, in order to determine the assumed abuse of its dominant position.

On 2 September 2016, the Bulgarian Commission for Protection of Competition proposed a draft act for amendments (the "Draft") to the Competition Protection Act (the "CPA").

An interesting trend can be noticed recently as the Serbian Tax Administration and Tax Police have raised their level of activity in conducting routine tax inspections in companies across the country.

The concept of a single continuous infringement (“SCI”) enables competition authorities to consider a series of agreements or conducts that have the same objective to distort competition in the market as one single continuous infringement.

Financial law - Implementation of the “basic bank account” and simplifying the change of a payment account

As a result of the implementation of Directive 2014/92/EU of the European Parliament and of the Council on the comparability of fees related to payment accounts, changing payment account and access to payment accounts with basic features, several decrees have been issued by the Hungarian Government.

Are hyperlinks to copyrighted content made available on the internet without the consent of the right holder "communications to the public" and therefore copyright infringements? According to the CJEU, they may be!

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The strike of Skopje court administration employees that began in May ended in mid-August, according to Biljana Joanidis, the Managing Partner of Law Firm Joanidis — but only, perhaps, temporarily. Joanidis reports that the employees have agreed to return to work until the December 11 national elections — after which they’ll consider and, potentially, walk out once again.

This summer bpv Braun Partners, one of the leading law firms in the Czech Republic and Slovakia, celebrates its 10th anniversary.

Juliana Guaiato Aufschnaiter is a Senior Expert working within the Special Exposures Management team at Raiffeisen Bank International, where she reports to the head of division. Originally from Rio de Janeiro, Brazil, she’s been with RBI for over 10 years now, and she first moved to Vienna in 2004, when she took on her first role within the banking sector with the affiliate of Banco do Brasil in Austria. Earlier experience included working for TNT in Brazil.

On August 22, 2016, CEELM reported that Raidla Ellex had advised fintech company DataMe OU on the creation of a new credit register in Estonia. The co-founder and CEO of DataMe, Marko Vaik, agreed to answer our questions on the subject.